social programs are facing a cutback in the obama budget. president obama will formally propose cuts in his annual budget to demonstrate his willingness to compromise with republicans and revise prospects for a long-term deficit deal. that is according to administration officials. mr. obama will send a budget to capitol hill that will embody the final compromise that he made to speaker john boehner late last year before mr. john boehner abandoned negotiations in opposition for president obama's request for higher taxes on individuals and other corporations. from the "financial times you see president obama set to outline a curve on tax breaks. it says mr. obama is expected to hold his second dinner in two months with republican senators after his budget is released on april 10. the president's budget is expected to move more to the center, including a less generous calculation of inflation and some new government health savings the republicans have been pushing for. the washington times has this headline. the consumer to price index and will